This home's estimate is 34.5% lower than the average sale price ($139K) of 6 comparable homes.
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7482 Vilas Rd, Spencer, IN 47460
About this home
2 bed 1 bath home with detached garage on .83 acres in beautiful, rural Owen County. Enjoy the peace and quiet of country living. This is a fixer upper with plenty of possibilities. Seller is currently using a 24,000 BTU mini split heat pump for cooling and heating which will stay. Home also includes a brand new Goodman gas furnace (80k BTU) which needs hooked up. This property is being sold AS IS and will not qualify for VA, USDA, or regular FHA loans. It may qualify for an FHA 203K fixer upper loan or a conventional loan. No rent to own or contract sales. The seller is relocating. Room sizes must be verified by buyer. This home is located in a flood plain. It has been raised above the water level but may still require flood insurance. Generac generator 8000W/10000W stays as well as the large safe since the seller cannot move it. The deck is in poor condition so do not walk around on it. Please call your Realtor to schedule a showing.
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Market trends in 47460, IN
Last updated August 2026
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Sale history for 7482 Vilas Rd
$50/sq ft
$68/sq ft
$64/sq ft
$68/sq ft
$73/sq ft
$77/sq ft
$64/sq ft
$68/sq ft
$73/sq ft
$77/sq ft
Tax history for 7482 Vilas Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Garage SqFt: 480
- Parking Features: Detached
- Garage Spaces: 2
- Has Garage
Interior
- Interior Sq. Ft. Information
- Building Area Total: 1100
- Living Area: 1100
- Main Level Sq. Ft.: 1100
- Upper Level Sq. Ft.: 0
- Lower/Basement Level Sq. Ft (Finished): 0
- Bedroom Information
- # of Bedrooms Main: 2
- Beds MU: 2
- Bedrooms MU: 2
- Bathroom Information
- # of Full Baths (Total): 1
- # of Full Baths (Main): 1
- Full Baths MU: 1
- Full Bathrooms MU: 1
- Room 1 Information
- Room Dimensions: 10x12
- Room Level: Main
- Room 2 Information
- Room Type: Bedroom 2
- Room Dimensions: 10x10
- Room Level: Main
- Room 3 Information
- Room Type: Kitchen
- Room Dimensions: 10x12
- Room Level: Main
- Room 4 Information
- Room Type: Living Room
- Room Dimensions: 12x14
- Room Level: Main
- Other Rooms Information
- Rooms Upper: 0
- Rooms Main: 4
- Rooms Basement: 0
- # of Rooms: 4
- Basement Information
- Has Basement
- Basement Features: Full, Storage Space
- Heating & Cooling
- Heating Information: Other
- Cooling Information: Ductless
- Interior Features
- Interior Features: Breakfast Bar
- Appliances: Dryer, Electric Oven, Range Hood, Refrigerator, Washer
Exterior
- Building Information
- Percent Optional Level Finished: 0
- Exterior Features
- Patio And Porch Features: Deck
- Farm Information
- Horse Amenities: None
- Property Information
- Property Type: Residential
- Property Condition: Fixer
- Property Sub Type: Single Family Residence
- Land Information
- Acres: 1/2-1 Acre
- Lot Information
- Lot Size Acres: 0.83
- Lot Features: Corner Lot, Not In Subdivision
Utilities
- Utility Information
- Utility Prim Sewage Disp: Septic
- Water Source: Well, Private
- Utilities: Electricity Connected, Natural Gas Available, Septic System
- Solid Waste Information: No
Location
- School Information
- Middle Or Junior High School: Owen Valley Middle School
- High School: Owen Valley Community High School
- High School District: Spencer-Owen Community Schools
- Location Information
- Directions: GPS Friendly
- Tax Legal Description: IN S 1/2 S26 T9 R4 .43A IN E 1/2 SW SW S26 T9 R4 .40A
Public facts
- Beds: —
- Baths: 1.0
- Sq. Ft.: 1,100
- Stories: 1.0
- Lot Size: 0.83 acres
- Style: Single Family Residential
- Year Built: 1900
- Year Renovated: 1900
- County: Owen County
- APN: 601626300150000017
Other
- Home Information
- Foundation Details: Block
- Construction Materials: Vinyl Siding
- Levels: One
Around this home
Schools
Public K-6 • Assigned • 8.7mi
Public 7-8 • Assigned • 7.8mi
Public 9-12 • Assigned • 7.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 80%+ chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 18 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 9.8 hours in June and 3.5 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 47460
Home values near 7482 Vilas Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1200 Sq. Ft. | $180,226 |
2 Beds | 1 Baths | 1137 Sq. Ft. | $156,470 |
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 2688 Sq. Ft. | $367,415 |
3 Beds | 1 Baths | 1280 Sq. Ft. | $130,690 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 378 Sq. Ft. | $177,897 |
- Beds | 1 Baths | 624 Sq. Ft. | $140,927 |
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